NOT LISTED FOR SALE

5245 S Merrimac Ave Chicago, IL 60638

Garfield Ridge Neighborhood

Estimated Value: $372,000 - $412,000

4 Beds
2 Baths
1,387 Sq Ft
$281/Sq Ft Est. Value

About This Home

This home is located at 5245 S Merrimac Ave, Chicago, IL 60638 and is currently estimated at $389,908, approximately $281 per square foot. 5245 S Merrimac Ave is a home located in Cook County with nearby schools including Byrne Elementary School, Kennedy High School, and Gloria Dei Lutheran School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2005
Sold by
Marquette Bank
Bought by
Finnerty Ryan E and Finnerty Danielle F
Current Estimated Value
$389,908

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,750
Outstanding Balance
$170,636
Interest Rate
9.5%
Mortgage Type
Unknown
Estimated Equity
$219,272

Purchase Details

Closed on
Dec 29, 1995
Sold by
Paradowski Leona D
Bought by
Bank Of Chicago
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Finnerty Ryan E $287,500 Attorneys Title Guaranty Fun
Bank Of Chicago -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Finnerty Ryan E $258,750
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,515 $30,000 $5,775 $24,225
2023 $5,378 $26,000 $5,156 $20,844
2022 $5,378 $26,000 $5,156 $20,844
2021 $5,228 $25,999 $5,156 $20,843
2020 $4,888 $21,800 $4,125 $17,675
2019 $4,898 $24,223 $4,125 $20,098
2018 $4,816 $24,223 $4,125 $20,098
2017 $4,170 $19,246 $3,712 $15,534
2016 $3,880 $19,246 $3,712 $15,534
2015 $3,982 $21,573 $3,712 $17,861
2014 $3,551 $18,993 $3,506 $15,487
2013 $3,482 $18,993 $3,506 $15,487
Source: Public Records

Map

Illinois Cook County Chicago 60638 Garfield Ridge

5245 S Merrimac Ave, Chicago, IL

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